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Register a company in Hong Kong in 1 day from 690 €
Registration packages
Full package
690 $
Gov.fee 260 $ is not included
  • Company name check
  • Company formation
  • COI, NNC1, BRC, M&A
  • First resolution
  • One year secretary service
  • One year Business address
  • One year Gov. Correspondence
  • Significant control register
  • Designated Representative
  • Statutory records
  • Important dates notification.

Full package+
890 $
Gov.fee 260 $ is not included
  • Company name check
  • Company formation
  • COI, NNC1, BRC, M&A
  • First resolution
  • One year secretary service
  • One year Business address
  • One year Gov. Correspondence
  • Significant control register
  • Designated Representative
  • Statutory records
  • Important dates notification.
  • Airwallex bank acc application

Full package++
990 $
Gov.fee 260 $ is not included
  • Company name check
  • Company formation
  • COI, NNC1, BRC, M&A
  • First resolution
  • One year secretary service
  • One year Business address
  • One year Gov. Correspondence
  • Significant control register
  • Designated Representative
  • Statutory records
  • Important dates notification
  • 3 MSO bank acc. applications

Vita Liberta Limited 
Vita Liberta Limited is a licensed company included in the authorised by the Hong Kong Companies Registry list of corporate secretaries.
Our official partner Airwallex
Airwallex - is an international money service operator with a wide range of payment options both in Hong Kong and other countries of the world. The client receives a direct account with a Hong Kong bank (Standard Chartered Bank HK or DBS), and also has the opportunity to issue a corporate card in just 1 minute for business expenses from the company account.

About the possibilities Airwallex you can see from the video below, as well as on the website of the money service operator.

When opening an account through our company, you get a nice bonus from Airwallex - the first $100k conversion operations without commission/
Online bank account application
Name
Remote account openning 
Supported currencies
Airwallex
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Currenxie
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Wise
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Statrys
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Instream
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Transwap
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Neat
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
OFX
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Revolut
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
DNBC
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Unlimit
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Singx
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
XendPay
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
EcommBX
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Connectum
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Airwallex
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Currenxie
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Wise
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Statrys
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Instream
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Transwap
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Neat
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
OFX
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Revolut
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
DNBC
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Unlimit
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Singx
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
XendPay
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
EcommBX
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
Connectum
Remote account openning 
Yes
HKD, USD, EUR, GBP, SGD, CNY, JPY, CAD, AUD, NZD, CHF
We are an official partner of XERO
Xero is a cloud-based accounting software platform for small and medium businesses with the most advanced accounting and management accounting capabilities.
Doing business in Hong Kong benefits
Up to 0% on profit tax
Hong Kong applies the territorial principle of taxation. A company pays tax only on profits earned in Hong Kong. Income earned outside of Hong Kong is not taxed.
0% dividend tax
The payment and receipt of dividends in Hong Kong is not subject to any taxes. Therefore, registering a company in Hong Kong makes it easy to pay dividends to shareholders and investors of the company at no additional cost, as well as receive dividends.
0% VAT
There is no VAT tax or equivalent in Hong Kong. You don't have to add an additional % to the cost of your goods/services and no annoying VAT reports. This is an advantage in the competitive price struggle with those companies that are forced to add VAT to their price.
0% capital gain tax
There is no capital gains tax in Hong Kong. Both interest income received from bank deposits or appreciation of securities and dividends received from corporations are fully exempt from income tax.
20% Google savings
Due to the fact that there is no VAT in Hong Kong, registering an office for a local company and a representative frees you from having to pay this tax when replenishing your account. This is a significant competitive advantage in the marketing strategy of a business.
Minimum Requirements
The founder and director of a company in Hong Kong can be a citizen of any country without restrictions who has reached the age of majority. No additional permissions are required.
Registration time
A company in Hong Kong is registered in one / two days. Registration is carried out remotely without going to Hong Kong. Registration requires a minimum set of documents.
Authorized capital
There are no requirements for payment of the authorized capital. The minimum authorized authorized capital may be 1 Hong Kong dollar.
Business address
There are no office requirements. It is enough to rent a legal address and this is included in the cost of registration and company's maintanance.
English language
English is one of the two official languages. All documents and laws are published in English, which greatly simplifies business for those who do not speak Chinese.
Bank accounts
Hong Kong payment systems provide the ability to open an account remotely and open multi-currency bank accounts. Payment processing is carried out both through the leading banks of Hong Kong and international banks.
Gateway to China
Hong Kong is the gateway to mainland China. The Closer Economic Partnership Agreement (CEPA) with China provides Hong Kong with additional and exclusive benefits of access to the mainland market.
Currency of Hong Kong
There are no currency restrictions in Hong Kong. It is possible to work in any freely convertible currency. The Hong Kong dollar is a freely convertible currency, its exchange rate is stable and pegged to the US dollar.
Open economy
For the past two decades, Hong Kong's economy has topped the list of the world's most open economies. A minimum of restrictions and bureaucracy, an independent judiciary, intellectual property protection.
Infrastructure
Hong Kong is one of the most modern cities in the world. In addition, Hong Kong has one of the largest and most modern commercial ports in the world.
Frequently asked questions
<p>What are the basic requirements for
setting up a Hong Kong private company?</p>

What are the basic requirements for setting up a Hong Kong private company?

A Hong Kong registered company must meet the following minimum obligations: 

  • At least one shareholder of any nationality;
  • At least one director of any nationality;
  • A local licensed company secretary (provided by us);
  • A registered office address in Hong Kong (provided by us);
  • Completed NNCI, Articles of Association;
  • Significant Controller Register and designated person (provided by us);
  • Be registered with Business Registration Office;
  • Pay all required state duties - Certificate of Incorporation (HKD1,720) and Business Registration (HKD2,250 or 250HKD depending on the year);
  • Name of the company must be available and the English company name must have the word “Limited”.

<p>How long does it take to register company in Hong Kong?</p>

How long does it take to register company in Hong Kong?

Registration of a company in Hong Kong usually takes 3 days after providing us with all the necessary documents and paying for the cost of services.

<p>What documents do we need to provide to register a company in Hong Kong?</p>

What documents do we need to provide to register a company in Hong Kong?

For the purpose of registration of a Hong Kong company, a client needs to provide the following documents:

1. Good-quality scan copy of a valid passport (not a photo) of the director and shareholder. Ideally, when these copies are notarized, but not required;

2. A copy of document confirming the address of the director and shareholder of the company (for example,  utility bill or an extract from the bank where the name, surname, middle name of the person is given and his/her address of residence);

3. Reliably and fully completed questionnaire (form will be provided);

4. A prospective name of your new company in Hong Kong;

5. Describe the type of activity of your company;

6. The amount of registered capital,

<p>Points to note when choosing a company name</p>

Points to note when choosing a company name

  1. A Hong Kong company name can be in English or Chinese. A company may adopt an English name and a Chinese name. A company name with a combination of English letters and Chinese characters is not acceptable.

  2.  
  3. A Hong Kong company name that is the same as a name appearing in the index of company names kept by the Registrar of Companies (the Registrar) will be rejected. A company name must also satisfy the relevant requirements of the Companies Ordinance.

  4.  
  5. A Chinese company name should be in traditional Chinese characters that can be found in the Kang Xi Dictionary (《康 熙字典》) or Ci Hai Dictionary (《辭海》字典) and the ISO 10646 international coding standard. The Chinese company name will be printed in “New Sai Ming” font (新細明體) on certificates of incorporation.

  6.  
  7. Hong Kong Company names containing words or expressions such as “trust”, “chamber of commerce” etc. set out in the Companies (Words and Expressions in Company Names) Order (Cap. 622A) will require prior approval of the Registrar before registration.

  8.  
  9. A proposed name of a Hong Kong company which is identical to a name that has been subject to a change of name direction issued by the Registrar will not be registered except with the prior approval of the Registrar. You are reminded to conduct a search (free of charge) on the list containing these old company names at the Registry’s Cyber Search Centre. A hyperlink to the list is provided on the screen displaying the company name search result.

  10.  
  11. In examining a proposed name before the company’s incorporation, the question of whether the name is “too like” that of a registered name will generally NOT form part of the Registrar’s consideration. You should consider carefully whether the proposed name could lead to a complaint as being “too like” an existing company name, and the possibility that it may be subject to a change of name direction by the Registrar after incorporation.

  12.  
  13. You are also reminded that it is in your interest to use a name which does not conflict with a trademark and which is sufficiently distinguished from any other name appearing in the Registrar’s index of company names. You should also search the Trademark Register (http://ipsearch.ipd.gov.hk) maintained by the Intellectual Property Department. Not only would this reduce the risk of a direction being issued by the Registrar to change your company name, the risk of an action for passing off or infringement of trademarks could similarly be reduced.

<p>Application for business registration</p>

Application for business registration

In general, an application for business registration must be made within 1 month of the commencement of business. The application must be made in a prescribed form [Form 1(a), 1(b), 1(c) or 1(d)] and accompanied by the required supporting documents and full payment of the appropriate business registration fee and levy1 . Any person who applies for incorporation of a local company or registration of a non-Hong Kong company under the Companies Ordinance is deemed to have made a simultaneous application for business registration. The Notice to Business Registration Office (i.e. IRBR1 and IRBR2 for local and non-Hong Kong companies respectively) must be delivered together with the prescribed business registration fee and levy at the time when an application for incorporation of a local company or registration of a non-Hong Kong company is made with the Companies Registry.

<p>How long does it take to apostill documents in Hong Kong?</p>

How long does it take to apostill documents in Hong Kong?

To apostilize corporate documents of a company registered in Hong Kong, you must first certify them in the Registrar of Companies of Hong Kong, and Business Registration Certificate in Business Registrar Office of Hong Kong. After that, the documents are sent to the Hong Kong High Court for apostilization. The whole procedure takes about 10 business days.

<p>Do I need to come to Hong Kong to register a company&nbsp;</p>

Do I need to come to Hong Kong to register a company 

A visit to Hong Kong to register a Hong Kong company is not required and the entire procedure is remote.

<p>Do I need to check the name before starting the registration of a company in Hong Kong</p>

Do I need to check the name before starting the registration of a company in Hong Kong

The company name must be checked before you can proceed with the incorporation of a Hong Kong company. This is necessary in order to avoid additional costs for paying the state duties if you are refused the registration of the company due to the fact that company under such name has already been registered in Hong Kong.

<p>Who can be the director of a company registered in Hong Kong?</p>

Who can be the director of a company registered in Hong Kong?

A director of a Hong Kong company may be a natural person (or a company) of any nationality (apart from those countries that have sanctions under United Nations) and at least 18 years of age who is not bankrupt or convicted for any serious violation. A minimum of one individual director and unlimited maximum number of directors is possible. A director and shareholder may be one person. Nominee corporate or private directors can also be appointed. Directors Board meetings can be held anywhere in the world.

<p>Who can be the shareholder of a company registered in Hong Kong?</p>

Who can be the shareholder of a company registered in Hong Kong?

A shareholder in a Hong Kong company may be a person (or a company) of any country of residence (apart from those countries that have sanctions under United Nations) and at east 18 years of age. Private limited company can have a minimum of 1 and maximum of 50 shareholders. A director and shareholder can be the same or different person. Appointment of nominee shareholders is allowed. Shareholders meetings can be held anywhere in the world.

<p>Who is the Company Secretary in Hong Kong and what are its functions?</p>

Who is the Company Secretary in Hong Kong and what are its functions?

A limited company in Hong Kong is obliged under Hong Kong Companies Ordinance (Cap. 622) to appoint a local Company Secretary to ensure compliance of the company with the local laws of Hong Kong. A professional corporate company secretary must obtain an approval license (TCSP license) from the Companies Registry in order to render such services to its clients. The obligations of a secretary company in Hong Kong are generally as follows

  • Acting as point of contact with the all Government bodies of Hong Kong;
  • Preparing and filing an Annual Return to the Hong Kong Companies Registry;
  • Preparing written resolutions for the Annual General Meeting;
  • Maintaining the Minutes and Register Books;
  • Payment of Government duties;
  • Maintaining of the Significant Controllers Register and provision of a designated representative to communicate with the Hong Kong authorities.
  • Monitoring and ensuring compliance with relevant government regulations and legal requirements, especially under the Companies Ordinance and Inland Revenue Ordinance. 
<p>Registered Address Requirements in Hong Kong</p>

Registered Address Requirements in Hong Kong

 The Registered Office Address is the ongoing compliance company registered Hong Kong. Only local valid physical Hong Kong address is required as the company registered address. Post Office Box is not suitable as the registered Hong Kong registered address.

We provide you with a suitable registered address at a very acceptable price as part pf our company service.

<p>I would like that my details as shareholder and director do not appear in the public records. Is it possible?</p>

I would like that my details as shareholder and director do not appear in the public records. Is it possible?

In a Hong Kong company, it is possible to use the services of a nominee director and shareholder. In this case, you will not be listed in the company register.

However, according to the laws of Hong Kong, a Significant Controller Persons must be installed and information about them must be kept with the company secretary. No public disclosure possible and this information is available for responsible Government bodies of Hong Kong.

<p>What is the procedure for opening a company in Hong Kong?</p>

What is the procedure for opening a company in Hong Kong?

  1. Placing the order to register a Hong Kong Company;
  2. Decide on a company name of your Hong Kong company; 
  3. Conduct a name availability search. The name must be an original one - not in use by another company in Hong Kong and also was not used before. 
  4. Preparation of corporate documents, such as the Articles of Association, Resolutions and NNC1 form;
  5. Certify copies of identity documents of a director and shareholder, if registration of the Hong Kong company is done remotely without visiting Companies registry;
  6. Provide documents to the Companies Registry;
  7. Pay a Government fee and Business registration fee;
  8. Make a registration with the Inland Revenue Department for tax purposes.
  9. Certify or apostille documents.
<p>Do I need to pay a salary to a foreign director of Hong Kong company and social contributions?&nbsp;</p>

Do I need to pay a salary to a foreign director of Hong Kong company and social contributions? 

It is not necessary  to pay a salary to a foreign director of a Hong Kong company. The fact is that this foreign Director is hired not in accordance with the labor laws of Hong Kong, but according to some other agreement on the provision of services or without an agreement according to an some arrangements between the shareholder and the director. Hong Kong law allows and apparently does this specifically to develop the Hong Kong corporate services market.It is important to note that this applies to those companies that do not operate in Hong Kong.

<p>What are the taxes in Hong Kong for companies?</p>

What are the taxes in Hong Kong for companies?

  • Hong Kong adopts a territorial source principle of taxation - only profits derived from a source in Hong Kong are taxable. Profits earned outside Hong Kong are not subject to income tax;
  • Profits earned from a source in Hong Kong are subject to  profit tax rate of 8.25% for the first $2 million of assessable profits;
  • Assessable profit above $2 million from the source in Hong Kong is taxed at the rate of 16.5%;
  • To avoid abuse of the two-tiered tax regime, each group of connected entities can nominate only one entity to benefit from the two-tiered tax rates;
  • No capital gains tax;
  • No dividend withholding tax. There is no withholding tax on dividend distribution from a Hong Kong company to a resident or nonresident.  
  • There is no withholding tax on interest payments from a Hong Kong entity to a resident or nonresident.
  • No Surtax in Hong Kong;
  • No VAT tax in Hong Kong;
  • No withholding tax on fees for technical services paid from a Hong Kong company to a resident or nonresident;
  • No branch remittance tax.

<p>What are the requirements for authorized capital in Hong Kong companies?</p>

What are the requirements for authorized capital in Hong Kong companies?

The Company Ordinance does not provide any restrictions on the amount of share capital nor its currency. The amount and currency of the share capital in Hong Kong  company are entirely subject to founder's decision. 

The common practice is to register a company with a share capital of between HKD1,000 to HKD10,000, or similar amount in other currencies (for non-regulated activities) to make it easier to distribute shares to several shareholders.

The share capital can be increased.

The authorized share capital is not a subject of an obligatory payment. Therefore, you do not bear any costs for paying the authorized capital when registering a company in Hong Kong.

<p>What are the regular annual fees for maintaining
a Hong Kong company?</p>

What are the regular annual fees for maintaining a Hong Kong company?

The cost of maintaining a company incorporated in Hong Kong standardly consists of the following:

  1. provision of the company secretary service;
  2. a registered address and correspondence address for Government notifications;
  3. filing the annual return;
  4. paying the annual return fee (HKD105);
  5. paying the business registration fee (HKD2,250 per year ore 250 per year depending on the decision on the Inland Revenue Department of Hong Kong);
  6. Updating your significant controller register (SCR);
  7. Accounting;
  8. Audit;
  9. Filling in a tax return.
<p>Is it possible to purchase a ready-made company?</p>

Is it possible to purchase a ready-made company?

It is possible to buy Hong Kong ready-to-use shelf companies.Typically, these companies come with the nominee services of the director and shareholder due to the fact that the change in this case occurs very quickly - renewal of the Trust Declaration and Power of Attorney. No need to change information in the company registrar.

If it is physically required to change the director and shareholder in the company registrar, it is much easier to create a new company than to carry out this change.

<p>When do we need to appoint an auditor for a Hong Kong company?</p>

When do we need to appoint an auditor for a Hong Kong company?

An auditor of a Hong Kong company must be appointed within 18 months from the date of company incorporation. This is done before the first annual general meeting of the company since audited financial statements will need to be presented to the members in the annual general meeting. 

<p>Companies <span style="font-weight: 700;">Registry</span> / Business Registration Office / Trade Marks Registry</p>

Companies Registry / Business Registration Office / Trade Marks Registry

  1. Hong Kong Companies Registry administers and enforces the Companies Ordinance (Chapter 622, Laws of Hong Kong). It is responsible for the incorporation of local limited companies (Company setup in Hong Kong) and the HK business registration of non-Hong Kong companies (companies not incorporated in Hong Kong, but that have a place of business in Hong Kong).
  2. Business Registration Office of the Inland Revenue Department administers the Business Registration Ordinance (Chapter 310, Laws of Hong Kong). It is responsible for registering businesses carried on by an individual, a partnership, a local private limited company, or a non-Hong Kong company.
  3. Trade Marks Registry under the Intellectual Property Department responsible for providing trademark registration services to members of the public under the Trade Marks Ordinance (Chapter 559, Laws of Hong Kong), and The Trade Marks Rules (Chapter 559A, Laws of Hong Kong).
    <p>Do I need a visa to enter Hong Kong?</p>

    Do I need a visa to enter Hong Kong?

    Tourists from many countries are allowed to enter Hong Kong without a visa for periods from 7 to 180 days, depending on nationality. It is possible to check with the Hong Kong Immigration Department for details about visa requirements.


    <p>When is the best time to visit Hong Kong?</p>

    When is the best time to visit Hong Kong?

    Hong Kong is a very famous traveling destination for all year around. The city has a mild climate from the middle of September to the end of February, while the weather from May to mid-September can be hot, wet and humid, with August being the wettest month. For accurate weather information you can visit the Hong Kong Observatory website.

    <p>Where is the better  to stay in Hong Kong?</p>

    Where is the better to stay in Hong Kong?

    Hong Kong is very compact place and tourists are never  far away from major shopping areas and attractions. Traveling around is very simple. Most hotels are located close to the harbour-front in Central, Wan Chai, Causeway Bay and North Point on Hong Kong Island, and in Tsim Sha Tsui, Tsim Sha Tsui East and Hung Hom in Kowloon. You may also find a lot of place to stay within Kowloon’s busy areas of Yau Ma Tei and Mong Kok. There is also a increasing number of resort-style hotels in the New Territories and the Outlying Islands that offer more relaxing alternatives.

    <p>What are Hong Kong’s official business hours?</p>

    What are Hong Kong’s official business hours?

    Working hours depend on any concrete business and company, but approximately:

    • Most companies are open from 9am to 6pm  Monday to Friday; 
    • Many companies will be also open from 9am to 1pm on Saturdays;
    • Banks are open from 9am to 5pm on Monday to Friday and 9am to 1pm on Saturdays;
    • Retail shops are usually open from 10am to 7pm daily, although those in popular shopping areas such as Causeway Bay and Tsim Sha Tsui will stay open until 9:30pm or even later, especially on weekends;
    • Restaurants  stay opened until 11pm.
    <p>Is Hong Kong save?</p>

    Is Hong Kong save?

    Hong Kong is one of the safest cities in the world.

    <p>Short history of Hong Kong</p>

    Short history of Hong Kong

    Under the principle of 'One Country - Two Systems', Hong Kong became a Special Administrative Region of the People's Republic of China on 1 July 1997. This event gave the city the freedom to enjoy a high degree of autonomy, including keeping its capitalist system, independent judiciary and rule of law, free trade and freedom of speech.

    As we know it today, Hong Kong was created when China’s Qing dynasty government was defeated in the First Opium War in 1842, when it ceded Hong Kong Island to Britain. During sixty years, Kowloon, the New Territories and 235 Outlying Islands were also given to Britain for lease. From the start as a British colony, Hong Kong served as a centre of international trade. During the early 20th century, the city’s population was increased due to refugees, mostly from China. Arriving of immigrants in large numbers helped create a new role for Hong Kong as a major manufacturing center.  In recent decades, as  China's economy has gone through a process of opening to the world, Hong Kong has changed yet again - into a service-based economy as well as an important gateway to the world’s largest market.

    <p>What are the holidays in Hong Kong for 2020?</p>

    What are the holidays in Hong Kong for 2020?

    Holidays in Hong Kong can be viewed here

    <p>Travel advise</p>

    Travel advise

    When you arrive to the airport of Hong Kong, at a boundary control point automatic sensors will measure your temperature. If the body temperature is considered dangerous, you may be required to take party in a quick health check

    Please, find out more information on the Department of Health website.

    <p>Health</p>

    Health

    Hong Kong boasts first-class hospitals that provide outstanding healthcare. Tourists in need of accident and emergency care may seek treatment in the city’s public hospitals for a fee, and will always be treated even if they cannot pay immediately. 

    Please, find more information at the Hospital Authority website. 

    The general principles of directors' duties 

     company registered in Hong Kong

    Principle № 1: Act in good faith for the benefit of the company as a whole

    A director of a Hong Kong company have to act in good faith in the best interests of the company. It means that a director owes a duty to act in the interests of all its shareholders, current and in the future. In carrying out this duty, a director should (as far as practicable) have regard to the need to achieve outcomes that are fair as between its members.

    Principle № 2: To use powers for a proper purpose for the benefit of members as a whole

    A director of a Hong Kong company should exercise his power for a "proper purpose". This means that he must not exercise his powers for purposes that are different from purposes for which they were conferred. The primary and substantial purpose of the exercise of a director's powers must be for the benefit of the company. If the primary motive is found to be for some other reasons (e.g. to benefit one or more directors and to gain control of the company), then the effects of his exercise of his power may be set aside. This duty can be breached even if he has acted in good faith.

    Principle № 3: Not to delegate powers except with proper authorisation and duty to exercise independent judgement

    Except where authorised to do so by the company's memorandum and articles of association (the "constitution") or any resolution, a director of a Hong Kong company should not delegate any of his powers. He must exercise independent judgement in relation to any exercise of his powers.

    Principle № 4: Duty to exercise care, skill and diligence

    A director of a company registered in Hong Kong should exercise reasonable care, skill and diligence. It means the care, skill and diligence that would be exercised by a reasonably diligent person with ­ (i) the general knowledge, skill and experience that may reasonably be expected of a person carrying out the functions carried out by the director in relation to the company; and (ii) the general knowledge, skill and experience that the director has.

    Principle № 5: To avoid conflicts between personal interests and interests of the company

    A director of a company registered in Hong Kong should not allow personal interests to conflict with the interests of the company.

    Principle № 6: Not to enter into transactions in which the directors have an interest except in compliance with the requirements of the law

    A director of a Hong Kong company has certain duties where he has a material interest in any transaction to which the company is, or may be, a party. Until he has complied with these duties, he should not during his functions as a director, authorise, procure or permit the company to enter into a transaction. Furthermore, director should not enter into a transaction with the company, unless he has complied with the requirements of the law. The law requires a director to disclose the nature of his interest in respect of such transactions. Under certain circumstances the constitution may prescribe procedures to secure the approval of directors or members in respect of proposed transactions. A director must disclose the relevant interest to the extent required. Where applicable, he must secure the requisite approval of other directors or members.

    Principle № 7: Not to gain advantage from use of position as a director

    A director of a Hong Kong company should not use his position as a director to gain (directly or indirectly) an advantage for himself, or someone else, or which causes detriment to the company.

    Principle № 8: Not to make unauthorised use of company's property or information

    A director of a Hong Kong company should not use the company's property or information, or any opportunity that presents itself to the company, of which he becomes aware as a director of the company. This is except where the use or benefit has been disclosed to the company in general meeting and the company has consented to it.

    Principle № 8: Not to accept personal benefit from third parties conferred because of position as a director

    A director or former director of a company incorporated in Hong Kong should not accept any benefit from a third party, which is conferred because of the powers he has as director or by way of reward for any exercise of his powers as a director. This is unless the company itself confers the benefit, or the company has consented to it by ordinary resolution, or where the benefit is necessarily incidental to the proper performance of any of his functions as director.

    • Register your company in Hong Kong
    • Hong Kong Corporate Secretarial Service
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    • How to open a bank account in Hong Kong
    • Apostille Service in Hong Kong & Notary
    • Taxation in Hong Kong
    • Bookkeeping and Accounting Services
    • Transfer of shares in Hong Kong
    • Trademark Registration in Hong Kong
    Vita Liberta Limited 
    Office room 77, 7/F, Woon Lee Commercial Building, 7-9 Austin Ave, Tsim Sha Tsui, Kowloon, Hong Kong

     

    legal@vitaliberta.com

    +85268416177
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